Bitcoin is more of an investment alternative than a currency, one of the top leaders at the People’s Bank of China has claimed. Li Bo, the deputy PBoC governor, further revealed that the apex bank is satisfied with the current digital currency regulations in China, but would seek to enforce even stricter rules for stablecoins. Bo was speaking during the […]

Cyprus Securities and Exchange Commission, popularly known as CySEC, has issued a circular on Wednesday pointing at various regulatory lapses by the regulated financial services companies with mandatory due diligence measures, AML/CFT risk assessments, and transaction monitoring. The findings of the regulator were based on its several onsite inspections performed in 2019 and 2020. CySEC’s primary focus was to assess […]

WeWork, a global real estate services provider, announced that Bitcoin and Ethereum will be accepted for payments in the future. The US-based company has partnered with BitPay and Coinbase to expand its payment network through cryptocurrency assets for inbound and outbound transactions. According to the official announcement, the leading flexible space provider will accept several cryptocurrency assets including Bitcoin, Ethereum, […]

The Ternoa Blockchain has just unveiled the alpha version of its SecretNFT Marketplace, a platform entirely dedicated to non-fungible tokens (NFTs). The platform, which uses Ternoa’s own CAPS token, comes with many features to promote its adoption among artists and lovers of NFTs. Ternoa launches its NFT platform, SecretNFT The Ternoa Blockchain has just unveiled the first version of its […]

Decentralized lending and stablecoin protocol MakerDAO has opened governance voting to allow new tokens as collateral. A number of new collateral types have been proposed for MakerDAO, potentially increasing the number of digital assets that can now be used to mint its stablecoin, DAI. Voting began on April 19 and will run for fourteen days. Seven tokens have been suggested […]

Charles Hoskinson, Cardano’s inventor, and Input-Output Global (IOG) CEO, talked about the current regulatory outlook in the United States. Hoskinson believes the crypto market will see a “long overdue” regulatory framework in the coming months. IOG CEO stated in a new video for his YouTube channel that the current market cap of the entire crypto market will force regulators and […]

When a country faces a severe economic crisis or living in a long-lasting political turmoil, cryptocurrencies are often discussed as an alternative to deal with the tough times. Although cryptos are not an unfamiliar issue in Cuba, the Communist Party of Cuba (PCC) has been recently showing interest in digital assets to face the economic crisis. Party Delegates Want to […]

Aleo, a privacy-focused blockchain, has secured $28 million in investments to bring its zero-knowledge applications to a wider market. California-based venture capital firm Andreessen Horowitz led the private investment round. Notable contributions also came from Coinbase Ventures, Galaxy Digital, Variant Fund, Polychain Capital and the Joseph Lubin-led Ethereal Ventures, among others. Described as the “first platform for fully private applications,” […]